Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of Harvest Capital Credit Corporation (“Harvest Capital” or the “Company”) (NASDAQ: “HCAP”) with Portman Ridge Finance Corporation (“Portman Ridge”). Under the terms of the agreement, Harvest Capital will merge with and into Portman Ridge, a business development company managed by Sierra Crest Investment Management LLC. Current Harvest Capital stockholders are expected to own approximately 16.6% of the combined company.
The Harvest Capital merger investigation concerns whether the Board of Harvest Capital has harmed stockholders by agreeing to enter into this transaction and whether all material facts have been properly disclosed to stockholders.
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